• (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610
  • (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610

14 Units Multifamily

Another Successful Funded Loan

  • $1,207,000
  • 10 Year Fixed @ 4.31%
  • Purchase-67% LTV
  • 14 Units
  • Multifamily Property
  • Hesperia, CA

ASSIGNMENT:

This was a Purchase Transaction for an investor in a 1031 exchange. 

CHALLENGE:

The borrower was moving into a market area that they currently had no assets in.

SOLUTION:

It was deemed best to place this borrower into a Freddie Mac SBl Loan program.